Comments on: Unemployment’s here to stay http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: latefordinner http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31717 Tue, 11 Oct 2011 18:05:36 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31717 it seems to me that the “paradigm”of being an american is taking a much needed shift from self-gratification to creating change for the next generations. unsustainable world supply and demand has begun to be visible even to the most uninformed. that and taking away the intrinsic american “reality”that you can start with nothing and retire comfortably has been sold to the highest 5% of the land,the rest of us are no longer the working class but the new slave class.No political party can change what has been bought and sold,the 99% will have to bring back HOPE for a future.

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By: sma1 http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31703 Tue, 11 Oct 2011 11:54:05 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31703 Wow, that’s very pessimistic! Even when good news hits the media takes the stance: “there must be some bad news in here…let’s find it and emphasize it!”.

Some would even call all of these down articles self-fulfilling prophecies. Felix…cheer up man…it’s gonna be alright…

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By: TFF http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31672 Mon, 10 Oct 2011 19:33:13 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31672 A good point, mrdon, but 40 years ago each household (to a first approximation) had one employed spouse and one unemployed spouse. I fear the employment/unemployment is less evenly distributed today, and there are likely more single-parent households than in the past as well.

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By: mrdon http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31667 Mon, 10 Oct 2011 16:20:48 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31667 Without intending to minimize the seriousness of our unemployment numbers, it is worth remembering that we are dealing with unemployment from a population of people who want to be employed which is a larger percentage of the total population than was the case 40 years ago as a consequence of the entry of a far larger part of the female population into the workforce. We are also dealing with an economy in which the “service” sector is much larger than it was 40 years ago. These changes are not unrelated to each other. Much of our increased consumption is reflected in an increase in purchased services — purchasing the services of people to do things that we could do for ourselves if we had the time.

It can be argued that the increase in the percentage of women in the labor force and the increase in the extent to which we purchased services are related paradigm shifts. It is reasonable to consider that current high levels of unemployment may signal the beginning of another paradigm shift where people who have time as a consequence of being unemployed replace purchased services with self-performed services. This might not be the end of the world.

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By: valwayne http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31665 Mon, 10 Oct 2011 15:14:35 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31665 High UNEMPLOYMENT will be here to stay as long as Obama is with his corrupt wasted spending, Solyndras, “Son of Stimulous, war against American business, and nation destroying debt. When Obama is on his way out the recovery will be able to start, not until then!

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By: sinz54 http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31661 Mon, 10 Oct 2011 14:44:27 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31661 “Realistically, America’s unemployed are here to stay.”

No.
If history teaches us anything, it’s that nothing lasts forever: Not the Great Depression, not Hitler’s “Thousand Year Reich,” not the Soviet Union, not the thermonuclear “balance of terror,” not the stagflation of the 1970s, not the dictatorships of the Middle East. Every one of these, in its time, was regarded as “the new normal.” And every one is now just pages in history books.

And as we see from these examples, when things change, they often change quite quickly and unexpectedly.

We do have one thing going for us, just like we did in these earlier times: Americans are never satisfied to accept parlous conditions as “the new normal.” We’ll keep looking for new leaders and new ideas till we find a solution.

That’s what has kept America great: A pragmatic striving for success.

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By: KenG_CA http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31652 Sun, 09 Oct 2011 19:06:54 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31652 TFF, yes, I enjoyed it also, despite the nature of the topic, it was heavy on information and light on adjectives and insults.

Salt and heavy seasoning… you just about got me started on another tangent, but I’ll wait for Felix to bring it up.

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By: TFF http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31649 Sun, 09 Oct 2011 17:13:54 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31649 “This is the work of ONE single person, for fun and for the love of sharing.”

It has expanded beyond Khan himself, but it is still a VERY cheap operation to run. I recommend it myself to students as a study aid.

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By: TFF http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31648 Sun, 09 Oct 2011 17:12:19 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31648 An enjoyable discussion, KenG, if a depressing topic.

I’ve noticed the trend in restaurant ingredients myself, as well as the rest of the value cuts you mention. Fifteen years ago, Bertucci’s used similar quality ingredients to what I would use in my own kitchen… These days they cover up the cheap ingredients with salt and heavy seasoning.

You’ve brought up a lot of points to ponder…

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By: Wildnfree http://blogs.reuters.com/felix-salmon/2011/10/07/unemployments-here-to-stay/comment-page-2/#comment-31647 Sun, 09 Oct 2011 17:10:20 +0000 http://blogs.reuters.com/felix-salmon/?p=10400#comment-31647 Since a part of the discussion turned to education, I would love to understant how come so many problems with education, quantity and quality and something like this guy is doing ! Khan academy : library of over 2,600 educational videos
http://tinyurl.com/672flc

This is the work of ONE single person, for fun and for the love of sharing. Got math, sciences, economy and event political lessons and he can even offert it for FREE !!

And I’m certain we can find many examples like that all over!

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